LBS BINA GROUP BHD

KLSE (MYR): LBS (5789)

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Last Price

0.62

Today's Change

0.00 (0.00%)

Day's Change

0.61 - 0.63

Trading Volume

1,529,500


16 people like this.

3,845 comment(s). Last comment by singkalin 1 day ago

Posted by derrickinvestor > 2013-04-23 18:41 | Report Abuse

If euscilyn sold at 1.1 and reenter, will get double

Posted by derrickinvestor > 2013-04-23 19:08 | Report Abuse

Anbz: wat is pasukgb n gbgaqrs? Sounds like moss code... Hehe

zeolit

427 posts

Posted by zeolit > 2013-04-23 23:12 | Report Abuse

still have new future or wait until ge13

Posted by sharemania > 2013-04-24 05:44 | Report Abuse

Euscilyn and Chleong, thank you both for the precise analysis. got the clear picture now. : )

Euscilyn

592 posts

Posted by Euscilyn > 2013-04-24 07:48 | Report Abuse

I'm not a good investor, I'm brought in 0.80 on Jul 12' although it down till 0.89 but still no loss. Even the rate achieved at 1.13 I'm still hold it because my target sell at 1.60 within 3~5 year as long term fundamental.

Euscilyn

592 posts

Posted by Euscilyn > 2013-04-24 07:55 | Report Abuse

My principle careful, study, research and no greedy.

kcfan

1,881 posts

Posted by kcfan > 2013-04-24 07:58 | Report Abuse

LBS is still undervalue.Must be patient on it,big money come from wait.

sephiroth

14,131 posts

Posted by sephiroth > 2013-04-24 09:53 | Report Abuse

Don't be trick by the 1/2 sen gain, afternoon will u-turn

Posted by derrickinvestor > 2013-04-24 09:57 | Report Abuse

True

chleong

596 posts

Posted by chleong > 2013-04-24 10:02 | Report Abuse

Next support level at 0.87, just hang on and monitor further.

sephiroth

14,131 posts

Posted by sephiroth > 2013-04-24 11:48 | Report Abuse

Rebound seems real but low volume

FatCat

649 posts

Posted by FatCat > 2013-04-24 11:55 | Report Abuse

No rebound in short period !

sephiroth

14,131 posts

Posted by sephiroth > 2013-04-24 12:00 | Report Abuse

Near GE, selling force is strong, have to overcome the itchness and wait till late next week for a super bargain price for lbs, sendai, mbl, skpres

anbz

5,163 posts

Posted by anbz > 2013-04-24 17:27 | Report Abuse

rebounce macam ajak2 ayam je

sasopi87

641 posts

Posted by sasopi87 > 2013-04-24 21:03 | Report Abuse

see share buyback.........!!

Euscilyn

592 posts

Posted by Euscilyn > 2013-04-25 08:14 | Report Abuse

ayam tak datang mana sampai buayanya!!

Posted by kennychong > 2013-04-25 08:47 | Report Abuse

tunggulah ayam lapar....baru kita ikut....

aunloke

974 posts

Posted by aunloke > 2013-04-25 14:18 | Report Abuse

The truth is lbs spent about 30%+ of its earning to service its loan for the last few years, the main aim of this sale is to pare down its debt. Looking forward its earning will be improved.

Euscilyn

592 posts

Posted by Euscilyn > 2013-04-25 15:55 | Report Abuse

Far view Aunloke!!! LBS is recovering.

All3n

14 posts

Posted by All3n > 2013-04-25 17:26 | Report Abuse

SJ raises LBS fair value, says privatisation is possible

by Zatil Husna of theedgemalaysia on Thursday, 25 April 2013 08:19KUALA LUMPUR (April 25): SJ Securities Sdn Bhd (SJ Securities) has reiterated ‘overweight’ on LBS Bina Group Bhd (LBS) with a higher fair value of RM2.16 after the group’s proposed divestment of its China investment to Zhuhai Holdings Investment Group Ltd (Zhuhai Holdings).The deal will result in the group attaining 226 million new ordinary shares in Zhuhai Holdings at an issue price of HK$1.33 (RM0.52).After the exercise, LBS will emerge as the second largest shareholder with 16.78% in the enlarged Zhuhai Holdings.“It is worth to note that a recent research report by a stockbroker based in Hong Kong has a target price of HK$1.63 (RM0.64) on Zhuhai Holdings’ share,” said the research house.The research house said that the agreement is considered good, contrary to the market perception.“Zhuhai Holdings has proposed HK$500 million convertible bond for its acquisition, which is equivalent to RM200 million, intended to fund the first tranche cash payable to LBS upon completion of the agreement in the 3Q13,” it said.

All3n

14 posts

Posted by All3n > 2013-04-25 17:27 | Report Abuse

According to the research house, the divestment will enhance LBS’ value in unlocking its China’s investment.The research house also said that LBS may pay special dividend to shareholders as part of the investment merits, which the cash portion constitutes at nearly 82% of the disposal’s consideration.It also noted that the group may declare bonus shares as its retained profit will be substantial after the divestment.“Other than the group’s steady cash flow, the cash will be used partly to expand LBS’ landbank in Malaysia for future growth,” it said.The research house also stated that with imminent substantial cash inflows, it is not ruling the possibility of corporate exercises.“There could be potential for privatisation if the share continues to stay undervalued for long,” said the research house.

All3n

14 posts

Posted by All3n > 2013-04-25 17:28 | Report Abuse

Buy now?!

iwan1991

752 posts

Posted by iwan1991 > 2013-04-25 19:59 | Report Abuse

going to fly soon... fill ur fuel..

Posted by derrickinvestor > 2013-04-25 22:31 | Report Abuse

Could be another trap

kcfan

1,881 posts

Posted by kcfan > 2013-04-26 08:02 | Report Abuse

Share buy back by company.Support on bottom up ?

midastouch

116 posts

Posted by midastouch > 2013-04-26 08:29 | Report Abuse

Anyone who knows LBS will know that they are famous for setting traps to maximize their gains. With the flush of cash they have no problem in taking the company private. On that day you will regret buying LBS. Stay away from the unscrupulous management.

FatCat

649 posts

Posted by FatCat > 2013-04-26 09:54 | Report Abuse

The BB lure you to buy !!!

Posted by derrickinvestor > 2013-04-26 10:20 | Report Abuse

Agree with midastouch

FatCat

649 posts

Posted by FatCat > 2013-04-26 12:24 | Report Abuse

Complacency ! Just thinking to cool off for the next rally.

anbz

5,163 posts

Posted by anbz > 2013-04-26 14:50 | Report Abuse

haha went fr 905 to 930 !!! then go back to 910...very tricky...just like before..as if it is going for rebounce then down down...the pattern still not changing at ALLLLLL !!!

Posted by derrickinvestor > 2013-04-26 15:25 | Report Abuse

Anbz got trap?

ckmok3675

15 posts

Posted by ckmok3675 > 2013-04-26 15:52 | Report Abuse

coming coming

sklyte

2,621 posts

Posted by sklyte > 2013-04-26 15:57 | Report Abuse

anbz funny, LBS dont have blocks already, will gradually sail up

Posted by derrickinvestor > 2013-04-26 16:03 | Report Abuse

Lets hope it hit 1.50

Posted by olehlehshare > 2013-04-26 16:04 | Report Abuse

fair value RM 2.16 from SJ...

chleong

596 posts

Posted by chleong > 2013-04-26 16:05 | Report Abuse

Another round of disposal by LBS before the price is drop again to collect back lower by the sharks.

Posted by derrickinvestor > 2013-04-26 16:07 | Report Abuse

the only question remain is when?
another suspension?

midastouch

116 posts

Posted by midastouch > 2013-04-26 16:41 | Report Abuse

5789 - LBS BINA GROUP BERHAD
LBS BINA 4QE DEC 2012 NET PROFIT RISES TO RM8.0M AS REVENUE FALLS - 26 April 2013

LBS BINA GROUP's Net Profit for 4QE Dec 2012 rose to RM7.95m, compared with RM6.6m same quarter a year ago, while Revenue slipped to RM139.31m from RM147.51m same quarter a year earlier.

The Company reported Feb 26, 2013 that revenue was lower due to to change in product mix, slower construction activities due to erratic weather condition during the period and increase in project costs and Operating Expenses.

FULL FYE DEC 2012 NET PROFIT RISES TO RM37M

For FYE Dec 2012, Net Profit increased to RM37.77m from RM34.3m previously, while Revenue was up to RM531.64m from RM449.57m a year ago.

The Company said that the improved full-year earnings were attributable to progressive recognition of revenue and profit contribution from several of its ongoing projects which had good take up rates.

The ongoing projects are D’ Island Residence and The Lake Residence in Puchong, Cameron Golden Hills and Brinchang Square in Cameron Highlands, Min Garden in Batu Pahat, Lavender 2, Iris Garden II, Topaz III & IV, Ivory Residences, Ivory Residences II, Indigo Homes, Magenta Homes, Camelia Cottage, Pearl Villa, Royal Ivory, Royal Ivory 2, Royal Garden and I Hub Puchong in Bandar Saujana Putra, as well as other commercial and industrial projects such as Taman Perindustrian Tasik Perdana in Puchong and Saujana Business Park in Bandar Saujana Putra.
' .... The Group has achieved sales of RM871m in the year 2012, which represents 32% increase, compared with RM662m sales in 2011 ....' LBS said. ' .... The Group plans to launch its new projects in Cameron Highlands, Klang Valley, Batu Pahat and will continue to source for strategic development lands to further enhance its performance ....'.

19 ONGOING PROJECTS & UNBILLED SALES OF RM745M

With the 19 ongoing projects and Unbilled Sales of about RM745m as at Dec 31, 2012, LBS said it was confident of achieving further improvement in its performance for the financial year ending Dec 31, 2013.

sklyte

2,621 posts

Posted by sklyte > 2013-04-26 19:14 | Report Abuse

ohno, sell on news again?

Jeff Lim

409 posts

Posted by Jeff Lim > 2013-04-26 22:57 | Report Abuse

Better sell at 1.00

All3n

14 posts

Posted by All3n > 2013-04-27 14:24 | Report Abuse

LHS says will pay special div when rec'd payment....The Edge.

kcfan

1,881 posts

Posted by kcfan > 2013-04-27 15:09 | Report Abuse

Continue their bottom up situation on share buyback by company ? Thanks midastouch on the good sharing info.

kcfan

1,881 posts

Posted by kcfan > 2013-04-27 15:30 | Report Abuse

售中国资产后受看好 林木生合理价2.16元

April 26, 2013
国内财经
(吉隆坡25日讯)在林木生集团(LBS,5789,产业组)宣布将旗下中国投资项目脱售予珠海控股投资集团(Zhuhai Holdings Investment Group Ltd)有限公司后,券商重申前者的“增持”评级,并将其合理价格调高至2.16令吉。


上述交易将使林木生集团拥有珠海控股投资集团的2亿2千600万普通股(发售价为1.33港元(52仙)),并在完成这项企业活动后崛起成为后者的第二大股东,持有后者的16.78%股权。

SJ证券私人有限公司在今日发表的报告中说:“值得一提的是,香港券商在近期发表的报告中,给予珠海控股投资集团每股1.63港元(64仙)的目标价格。”

报告中接着说:“珠海控股投资集团建议发行价值达5亿港元(约1亿9千600万令吉)的可转换债券,来融资其首期所需支付给林木生集团的现金数额。”

该行认为,这项脱售活动将扩大林木生集团在其中国投资活动中所释放的价值。报告中也指出,该公司或将向其股东派发特别股息,而所派发的股息数额料将占脱售所得的近82%。

此外,林木生集团也将以股代息方式回馈股东,因其在完成脱售活动后的保留盈余将会相当显著。
SJ证券说:“除了可为林木生集团带来稳定的现金流之外,这些现金将部分充作拓展其在大马的地库面积,以供未来发展之途。”

有鉴于其充裕的现金流,该行不排除林木生集团或展开重大企业活动。报告中说:“若其股价长期保持在遭低估的水平,潜在的私有化计划或将实现。”http://www.eunited.com.my/?q=node/27756

necro

4,726 posts

Posted by necro > 2013-04-27 16:17 | Report Abuse

Kah kah kah...

Jeff Lim

409 posts

Posted by Jeff Lim > 2013-04-28 00:19 | Report Abuse

When news come out is the time to sell. Buy back when consolidation....

FatCat

649 posts

Posted by FatCat > 2013-04-28 09:59 | Report Abuse

Based on what he comment,I think Jeff Lim is very skillful.

If based on news can make money,all the retailer will make money and all the big shark will lose money,do you think is possible ?
I also mentioned before,due to complacency,many people can`t agree.
News timing is arrange by big shark.

iafx

4,632 posts

Posted by iafx > 2013-04-28 11:06 | Report Abuse

who knows best about the "news", its timing and figure? so big shark = LxS? hahahaa...

FatCat

649 posts

Posted by FatCat > 2013-04-28 11:12 | Report Abuse

A person should understand himself well,if after a long period still can`t make money,still belief he himself is skillful,i think that fella should be something wrong !

iafx

4,632 posts

Posted by iafx > 2013-04-28 11:23 | Report Abuse

dam right!!! juz look at nextnat! read nextnat thread!

FatCat

649 posts

Posted by FatCat > 2013-04-28 11:53 | Report Abuse

No need to look,i have make a round of SMALL MONEY.

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